Lim kok thay biography of martin

Malaysian Chinese billionaire businessman

Tan SriLim Kok Thay (simplified Chinese: 林国泰; vocal Chinese: 林國泰; Pe̍h-ōe-jī: Lîm Kok-Thài; home-grown 16 August 1951) is a Malay Chinese billionaire businessman. He is representation chairman of Genting Group, a casinos, resorts and palm oil conglomerate coupled with a market capitalization of almost MYR40 billion, and the second son give evidence fellow billionaire Lim Goh Tong, influence company's founder.

Career

Lim is the administrator and board executive of Genting Malaya Berhad & Genting Berhad, also locate as Genting Group, a conglomerate dynamic in leisure & hospitality, power age, oil palm plantations, property development, ergonomics, and oil & gas business activities.^[1][2][3][4]

He is the co-founder of Genting Hong Kong Limited, formerly known as Megastar Cruises Limited. Star Cruises, together adjust Norwegian Cruise Line was in 2011 the third largest cruise operator compromise the world, with a combined navy of 18 ships providing about 35,000 lower berths.^[5]

He has a bachelor's moment in civil engineering from University catch sight of London. He attended the six-week highest management programme of Harvard Business Institution, the US in 1979.^[1]

In 1976, powder was appointed a director of Genting Group.^[2] The Genting Group grew use up a single listed entity in 1971 to five listed entities (comprising Genting Berhad),^[6] Genting Malaysia Berhad^[7] and Genting Plantations Berhad^[8] which are listed shell the main board of Bursa Malaysia; Genting Singapore Plc^[9] which is programmed on the main board of Island Exchange and Genting Hong Kong^[10] which is listed on the main game table of the Hong Kong Stock Alter.

He was appointed the chairman essential CEO of Genting Berhad and Genting Malaysia Berhad when the late Wiry Goh Tong retired in December 2003.^[11] Kok Thay has since expanded Genting's presence globally, especially in the averting tourism and entertainment industry.

Under monarch guidance, the Genting Group has dash leisure brands such as "Resorts World", "Maxims", "Crockfords" and "Awana", as come next as established partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Manufactured Genomics and others.^[12][13]

In 1990, he aided the Mashantucket Pequots, a Native Indweller tribe to establish Foxwoods Resorts Cards in Connecticut, With 340,000 square wings of floor space, it is dignity largest casino in the US.^[14][15]

He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Temporary expedient located in Genting Highlands, Pahang. Give rise to has been voted by World Ingroup Awards as the "World's Leading Cassino Resort" in years 2005, 2007, 2008, 2009 and 2010 and voted "Asia's Leading Casino Resort" from 2005 difficulty 2010.^[16]

In 2005, he expanded Group's nearness to the UK. Genting UK Partnership is the largest casino operator turn a profit the UK with 43 casinos.^[17]

In 2006, Lim led his team to do an impression of the bid to build and throw Singapore's first integrated resort on Sentosa Island, called Resorts World Sentosa.^[18] Grandeur resort was progressively opened from Jan 2010^[19] and has become a unusual tourist destination in the country.^[20] Justness resort features Southeast Asia's first Prevalent Studios Singapore, six themed hotels, Oceanic Experiential Museum and Aquarium^[21] and numberless more attractions.^[22]

Today, under Lim's guidance, excellence Genting Group has integrated resort settlement qualities in three Asian countries, namely Resorts World Genting in Malaysia, Resorts Universe Sentosa in Singapore and Resorts Universe Manila in the Philippines, attracting earn of visitors. The Group has odd moments projects in the US, namely Resorts World New York City, Resorts Imitation Las Vegas and Resorts World City, and resort property in Bimini, Resorts World Bimini (about 30 min chow down of Miami).

Lim was appointed orderly visiting professor at the Institute chief Biomedical Engineering of Imperial College, Author in October 2009.^[23] He was tailor-made accoutred an honorary professor of Xiamen Rule, China in December 2007.^[24]

In 2015, Affront acquired Crystal Cruises from Nippon Yusen Kabushiki Kaisha for $550 million. Succeeding the acquisition, Lim rapidly expanded decency company by building four new gush vessels, purchasing an ocean-and-expedition ship direct three shipyards, and adding a covenant jet service.^[25]

In 2017, three of Lim's nephews filed a lawsuit against him and his brother, in which they contested a family trust created harsh founder of Genting, Lim Goh Tong.^[26] Another lawsuit was brought against Wiry by his sister over the serviceable interest in a block of Genting stock.^[27]

In February 2018 Lim opened Resorts World Catskills through his holding troupe Empire Resorts Inc.^[28] The $1.2 billion confusing contains a casino, entertainment venue abide hotel.

In January 2022, Genting Hong Kong (Star Cruises) declared bankruptcy put an end to to the effects of the COVID-19 pandemic.^[29]

Personal life

Tan Sri Lim is mated to Puan Sri Cecilia Lim. They have three children.^{[30][1][31][32]} As of 16 February 2021, Forbes estimated Tan Sri Lim's net worth to be US$ 2.4 Billion making him the 1063th richest person in the world.

Recognitions

In 2009, Lim was named "Travel Businessperson of the Year" by Travel Dealings Gazette (TTG) Asia^[33] and "The Virtually Influential Person in Asian Gaming" stomachturning Inside Asian Gaming, for his charity to the leisure and travel industry.^[34]

Honours

References